Northern Oil and Gas

  • The Bakken Is Still Roaring

    By Callum Turcan - May 15, 2013 | Tickers: HES, KOG, NOG

    What if I told you that you could own a stock whose oil production is up 107% year over year with a PE (TTM) of 14.8? What if I also told you that this stock's EPS is also slated to grow by over 34% this year? At this point, you would probably be thinking what a great deal this is.

    The company I'm talking about is a more »

  • Billionaire Ken Griffin’s Citadel Owns Almost 5% of This Energy Company

    By Meena Krishnamsetty - May 2, 2013 | Tickers: CRZO, CLR, KOG, NOG, OAS

    Citadel Investment Group, managed by billionaire Ken Griffin and his team, has filed a 13G with the SEC disclosing a position of 1.9 million shares in Carrizo Oil & Gas (NASDAQ: CRZO). Carrizo Oil & Gas is a $1 billion market cap exploration and production company focused on shale plays including the Eagle Ford, Niobrara, and Utica. We track quarterly 13F filings from Citadel and other hedge funds, which we primarily more »

  • Insiders Are Bullish About This Energy Company

    By Meena Krishnamsetty - March 29, 2013 | Tickers: CLR, EOG, KOG, NOG, WLL

    Continental Resources (NYSE: CLR), one of the leading shale oil producers with a strong position in North Dakota’s Bakken Shale, has been in the news recently as company founder and CEO, Harold Hamm’s wife has filed for divorce. The stock price fell on reports that she could receive, and then presumably sell, a large amount of stock, possibly even threatening Hamm’s majority ownership of the $16 billion more »

  • Will This Oil and Gas Play Push Your Returns North?

    By Callum Turcan - January 15, 2013 | Tickers: HES, KOG, NOG, OAS

    Producing in America, for America

    Northern Oil and Gas (NYSEMKT: NOG) "is a Williston Basin Bakken and Three Forks pure play" and owns 184,000 net mineral acres in North Dakota and Montana. In its latest earnings report (Q3) Northern reported production levels of 11,282 Boe (barrels of oil equivalent) per day on average. This was a whopping 96% growth in production. Northern's booming production levels is what more »

  • Build Your Own Bakken ETF update

    By Kirk Spano - December 26, 2012 | Tickers: KOG, NOG, TPLM

    Kodiak Oil and Gas and Triangle Petroleum may represent the hare and the tortoise of the Bakken.

  • Are Oil Prices All Set to Burn Investors?

    By Madhuchhanda Chatterjee - October 2, 2012 | Tickers: BCEI, CRZO, NOG

    A couple of weeks ago, when crude oil prices were skyrocketing, many analysts came up with different explanations as to why crude oil would reach $140 and some said it would go to $180. With the recent steep drop in prices, however, that doesn’t seem possible to me anymore.

    Crude oil prices fell sharply and suddenly, with oil at $90 a barrel for the first time in almost eight more »

  • Triangle Petroleum is Producing

    By Kirk Spano - August 15, 2012 | Tickers: KOG, NOG, TPLM

    The evolution of some companies is easier to follow than others.  Triangle Petroleum (NYSEMKT: TPLM) is one of the more difficult to follow if investor interest is any indication. 

    The simplified version of Triangle's development is that they are moving from being a non-operating oil and gas E&P company to being an operating one, that is, doing their own drilling now.  In the past they had contracted out more »

  • Why You Should Go Long On Kodiak

    By Jordo Bivona - July 20, 2012 | Tickers: CLR, KOG, MRO, NOG, OXY

    Kodiak Oil & Gas (NYSE: KOG) is having a good year, despite what some might view as a dangerous debt load. There are a few yellow flags; for example, Kodiak's well cost midpoint continues to hover around $10.5 million, which is on the high end. However, as of the close of 2011, Kodiak had proved reserves of 52 mmboe, with an 89% weight towards liquids. This heavy liquids base more »

  • Build Your Own Bakken ETF

    By Kirk Spano - March 4, 2012 | Tickers: KOG, MHR, NOG, OAS, TPLM | Editor's Choice

    Take advantage of small and mid-size company Bakken oil plays ramping growth and likely acquisitions.